Archives for December 22, 2008

← 2008

BASF announces vitamin plant closure

By Neil Merrett

High raw material costs are being blamed by material supplier BASF for the closure of one of the group’s Us-based vitamin manufacturing sites in North Carolina.

Benecol buys into Thailand

Finnish group Raisio has entered Thailand- its third Asian market - following a deal with a Thai-based company that will see its cholesterol-lowering, plant stanol ingredient featuring in a beverage targeting increasing numbers of obese consumers.

Soybean oil prices tumble on petroleum fall

By Mike Stones

Falling petroleum prices and an abundance of other vegetable oils has brought soybean oil prices a new low – but other oils are eating away at market share.